Long Beach, CA 90806,1941 Olive AVE
Long Beach, CA 90806,1941 Olive AVE
Long Beach, CA 90806,1941 Olive AVE
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Listed by Eric Lem • Decorum Properties & Investments, Inc
$1,199,988
Est. payment /mo
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6,550 Sqft Lot
Active

1941 Olive AVE Long Beach, CA 90806

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Alex Kononoff

Alex Kononoff

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC26003311

Style Spanish

Year Built 1920

Lot Size 6,550 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

1941 Olive is a killer opportunity to lock up a fully turnkey 4-unit in the heart of Long Beach's extremely desirable Poly High area, just minutes from Signal Hill and a short drive to the ocean. Built in 1920, this property consists of three separate buildings totaling 2,554 rentable square feet on a 6,550 SF lot, offering a rare bungalow-style layout that feels more like private homes than a traditional apartment complex. The entire property has been extensively renovated, including all new plumbing, new electrical with permits, new windows and doors, new flooring, fresh interior and exterior paint, and completely updated kitchens and baths featuring new cabinetry, granite countertops, stainless steel appliances, and modern fixtures throughout. Adding to the curb appeal and tenant privacy is a brand-new vinyl fence, along with 4 detached enclosed garage spaces, a major advantage in this dense rental pocket. The unit mix is strong and highly rentable: (1) 3-bed / 1-bath standalone home and (3) 1-bed / 1-bath units, one of which is also standalone. Every unit has been recently renovated, making this a true plug-and-play investment with zero deferred maintenance, perfect for an owner-user or an investor seeking immediate cash flow and market rents from day one. There is also a sta

Location

State CA

County Los Angeles

Area 9 - Poly High

Rooms

Kitchen Freezer, Microwave, Pantry, Exhaust Fan, Oven Range - Gas, Oven - Gas

Interior

Heating Floor Furnace

Cooling None

Laundry In Laundry Room, Laundry Area, Other, Washer/Dryer - Owned, Community Facility

Exterior

Parking Features Assigned Spaces, Private / Exclusive, Garage

Garage Spaces 4.0

Pool 31, None

View City Lights

Roof Type Flat / Low Pitch

Building

Lot Description Grade - Level

Foundation Raised

Water District - Public

Architectural Style Spanish

Others

Tax ID 7210010014

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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1941 Olive AVE